NOT LISTED FOR SALE

534 Valley Rd New Canaan, CT 06840

Estimated Value: $1,959,000 - $2,588,000

5 Beds
3 Baths
4,384 Sq Ft
$498/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,625,000 $371 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,994/month

38 Days on Market

Highlights

  • Heated In Ground Pool
  • 2.15 Acre Lot
  • Partially Wooded Lot
  • East Elementary School Rated A+
  • Colonial Architecture
  • Attic

About This Home

As of June 2021

Beautifully renovated with modern architectural details, this sun-filled 5Bd/3Bth colonial is nestled on 2 lovely acres with large play yard and heated POOL. Stunning Family room with cathedral ceilings, skylights and unique loft area is adjacent to large open gourmet chef's kitchen with large picture window breakfast area. Spacious and inviting formal Living room with fireplace, and French doors lead to a large outdoor entertaining terrace. Bedroom/office with built-ins, Formal Dining room, and sitting area complete the main level. Additional highlights include lower level recreation room, newly renovated baths, and much more. This home is truly a gem!

Last Agent to Sell the Property

Bettina Hegel

Brown Harris Stevens License #RES.0778224 Listed on: 01/22/2021

Brown Harris Stevens

Last Buyer's Agent

Pam Roberts

William Pitt Sotheby's Int'l License #RES.0783281

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,640

Year Built

  • Built in 1958

Lot Details

  • 2.15 Acre Lot
  • Stone Wall
  • Partially Wooded Lot
  • Property is zoned 200

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • French Doors
  • Entrance Foyer
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Patio
  • Terrace

Schools

  • East Elementary School
  • Saxe Middle School
  • New Canaan High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,640

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3679
  • Public Record Living Room Sq Ft: 3679
  • Sq Ft Est Heated Below Grade: 705
  • Total Sq Ft: 4384
  • Year Built: 1958
  • Nearby Amenities: Health Club, Library, Medical Facilities, Private Rec Facilities, Private School(s), Public Pool, Public Rec Facilities, Stables/Riding
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7123
  • Tax Year Updated Dt: 01/22/2021
  • Directions: Valley Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Fully Finished, Heated, Garage Access, Storage
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 534

Exterior Features

  • Exterior Features: French Doors, Patio, Stone Wall, Terrace
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: East
  • Middle School: Saxe Middle
  • High School: New Canaan

Lot Info

  • Acres: 2.1500
  • Lot Description: Lightly Wooded, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 200

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 14640
  • Total Assessed Value: 806190
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 187814

MLS Schools

  • Elementary School: East
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jun 15, 2021
Sold by
Korsun Georges and Korsun Olivia
Bought by
Wei Catherine and Yiu Peter
Seller's Agent
Bettina Hegel
Brown Harris Stevens
Buyer's Agent
Pam Roberts
William Pitt Sotheby's Int'l
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%
Total Days on Market
38
Current Estimated Value
$2,182,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,175
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,300,000
Outstanding Balance
$1,202,316
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$787,261

Purchase Details

Closed on
Jun 20, 2005
Sold by
Hewitt Relocation Svc
Bought by
Korsun George G and Korsun Olivia N

Purchase Details

Closed on
Feb 24, 1997
Sold by
Brenner Jack and Brenner Gloria
Bought by
Sanborn Peter and Sanborn Suzanne

Purchase Details

Closed on
Nov 1, 1994
Sold by
Sanborn Peter and Sanborn Suzanne
Bought by
Brenner Jack and Brenner Gloria

Purchase Details

Closed on
Aug 18, 1992
Sold by
Sanders Patricia
Bought by
Sanborn Peter and Sanborn Suzanne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wei Catherine $1,625,000 None Available
Korsun George G $1,420,000 --
Hewitt Relocation Svc $1,420,000 --
Sanborn Peter $60,000 --
Brenner Jack $150,000 --
Sanborn Peter $531,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Catherine $1,300,000
Previous Owner Sanborn Peter $912,011
Previous Owner Sanborn Peter $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,625,000 -4.4% $371 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $1,699,000 -5.3% $388 / Sq Ft
01/22/2021 01/22/21 For Sale $1,795,000 0.0% $409 / Sq Ft
05/01/2020 05/01/20 Rented $7,900 0.0% --
04/28/2020 04/28/20 Under Contract -- -- --
04/15/2020 04/15/20 For Rent $7,900 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,955 $1,050,490 $588,000 $462,490
2023 $15,269 $806,190 $527,450 $278,740
2022 $14,810 $806,190 $527,450 $278,740
2021 $14,640 $806,190 $527,450 $278,740
2020 $14,640 $806,190 $527,450 $278,740
2019 $14,705 $806,190 $527,450 $278,740
2018 $17,384 $1,025,010 $558,180 $466,830
2017 $17,087 $1,025,010 $558,180 $466,830
2016 $16,718 $1,025,010 $558,180 $466,830
2015 $16,974 $1,025,010 $558,180 $466,830
2014 $15,929 $1,025,010 $558,180 $466,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170367150

SmartMLS

APN: NCAN-000045-000107-000048